Some 401(k) plans have an automatic escalation feature that will increase your savings rate over time without any further action. Read: 401(k) Mistakes to Avoid. Don't Stick With the Default Savings Rate Many employees are automatically enrolled in their workplace 401(k) plan. When this ...
Privacy is a cornerstone of EAP services, which benefits employees and employers alike. Privacy is beneficial, as people are more likely to seek help when they feel they can trust the source and have confidentiality. Generally speaking, if the EAP provides access to licensed professionals (as opp...
There’s been plenty of research that shows that many people are actually really uncomfortable accepting compliments. There are countless reasons why we’re bad at it, whether it seems impolite, you have self-confidence issues, or if you feel like you didn’t deserve it. However, not acceptin...
Studies show that employees whose managers involve them during goal setting are 3.6 times more likely to be more engaged at work than their peers. This helps them align their work with long-term goals and focus over time. You can set SMART goals, ensuring everyone is working towards the ...
They often serve a local or niche market and have a limited number of employees. Enterprises are generally larger in scale, often with a broader geographic reach. They may have multiple locations and serve a larger customer base. Think a small, independent toy shop in a town versus a huge ...
In The Titanium Economy, McKinsey partners Asutosh Padhi, Gaurav Batra, and Nick Santhanam reveal this under-appreciated and under-valued sector of the economy for what it really is: a reliable source of high-paying, domestic jobs and soaring st
Another form of contention often occurs in the workplace. TJ employees often face the problem of winning the struggle for acceptance of a different guise, particularly where work policies are stringent. As Salman, a university professor, relates in his interview, corporate culture defines certain et...
Create an internal knowledge base that is the single source of truth for company-wide policies and any common questions employees may have. Require employee training. Ensure new employees are effectively brought up to speed regarding your organization's culture and standard practices. When I worked ...
Employees must promptly report the injury or illness to their employer. Timely reporting is crucial for initiating the worker compensation claim process. 2. Seek Medical Attention: The injured or ill employee should seek necessary medical attention. In many cases, the employer may have a designated...
The worst that can come of a debriefing meeting is that you’ll have a handful of disenchanted employees and won’t have any positive suggestions to move forward on. On the other end of the spectrum, you may have a meeting that will give you many ideas to capitalize on for your future...